KN AND THE US LNG SUPPLIER FREEPORT LNG SIGNED A MEMORANDUM OF UNDERSTANDING
2018-04-03
Company news
On 3 April, KN (AB Klaipėdos nafta), the operator of oil and liquefied natural gas (LNG) terminals, and Freeport LNG, the US liquefied natural gas (LNG) supplier and the operator of the future LNG terminal, signed a memorandum of understanding (MoU) in Washington related to further cooperation between them in areas of development of onshore infrastructure needed for FSRU based LNG import terminals.
KN CEO Mindaugas Jusius says that the MoU with the US company once again proves that the experience and competence of Lithuanian energy professionals have gained worldwide recognition.
"KN has accumulated experience in developing and operating LNG import terminals. This agreement with Freeport LNG is another step towards implementing KN business development strategy. It will open up the possibility to offer KN services to potential Freeport LNG customers”, KN CEO comments on the signed memorandum of understanding.
The Freeport LNG terminal operates in the Gulf of Mexico, not far from the Sabine Pass terminal owned by the US company Cheniere Marketing International, which shipped the first LNG cargo to Lithuania last summer. The Freeport LNG terminal plans to start LNG export at the end of this year or early next year.
On Monday, a liquefied natural gas (LNG) cargo from the United Stats of America ordered by D.TRADING International SA, a subsidiary of DTEK Group, the largest private Ukrainian energy company, reached the Klaipėda LNG terminal operated by the international terminal operator KN Energies. Approximately 160 thousand cubic metres of U.S....
Exactly 11 years ago, on 27 October 2014, the liquefied natural gas (LNG) floating storage and regasification unit (FSRU) Independence reached the Port of Klaipėda. Lithuania’s liberation from the grip of a monopolist became not only an inspiration for the Baltic region but also ensured energy security and the right for consumers...
As part of the shore electricity connection project to the Klaipėda LNG terminal implemented by the international energy terminal operator KN Energies, the first works have begun. The company executing the project, Kauno tiltai, has started cleaning a pipe installed using the horizontal directional drilling (HDD) method and carrying out...